Reinventing Retail Lending Analytics

Interest Rate Risk in the Banking Book

Economic Capital

This multi-contributor title will enable you to better analyse and evaluate economic capital in order to implement more effective risk management strategies within your business. Economic Capital is the definitive reference on this increasingly important area of finance.

Explains the fundamental elements within economic capital and provides detailed instruction on its strategic implementation

Contains three distinct and accessible sections:

Economic Capital: Concepts and Applications

Economic Capital for Specific Risks

Economic Capital Methodologies: Mathematical Treatment

Contains global insights from the leading experts at the forefront of economic capital research and implementation - providing you with a holistic and comprehensive multi-perspective view of all the key issues involved

Includes a detailed assessment of the latest Basel Accord and its likely implications on your business with relation to economic capital

Each chapter is designed to be accessible for practitioners at all levels

Ashish Devis executive vice president of risk management, at KeyCorp. He is group head of Enterprise Risk Management, which includes economic capital allocations, Basel II coordination, data warehousing, credit underwriting models, strategic analytics and credit portfolio management along with operational risk. As a member of all the three high-level risk committees of KeyCorp viz. ALCO, CREDCO and ORCO, he is involved in decision making in all areas of risk in the bank. Ashish has been the prime mover in establishing enterprise-wide risk-adjusted product pricing and performance measurement and in creating a new credit portfolio management function in the bank. Prior to joining KeyCorp, Ashish was head of quantitative research and analysis in Bank One. Ashish has a PhD in economics and holds the CFA professional designation.